Facebook Inc (NASDAQ:FB) had its price target upped by analysts at FBR & Co. from $125.00 to $130.00 in a research note issued on Tuesday, Market Beat Ratings reports. The firm currently has an “outperform” rating on the social networking company’s stock. FBR & Co.’s target price points to a potential upside of 13.01% from the stock’s previous close.

A number of institutional investors recently made changes to their positions in FB. Beacon Capital Management increased its position in shares of Facebook by 2.0% in the fourth quarter. Beacon Capital Management now owns 102 shares of the social networking company’s stock valued at $11,000 after buying an additional 2 shares during the period. Integrated Wealth Management increased its stake in shares of Facebook by 0.3% in the fourth quarter. Integrated Wealth Management now owns 11,462 shares of the social networking company’s stock valued at $1,200,000 after buying an additional 35 shares during the last quarter. Prentiss Smith & Co. Inc. increased its stake in shares of Facebook by 0.5% in the fourth quarter. Prentiss Smith & Co. Inc. now owns 7,038 shares of the social networking company’s stock valued at $737,000 after buying an additional 38 shares during the last quarter. Campbell Newman Asset Management increased its stake in shares of Facebook by 0.5% in the fourth quarter. Campbell Newman Asset Management now owns 8,762 shares of the social networking company’s stock valued at $917,000 after buying an additional 45 shares during the last quarter. Finally, Mathes Company Inc. increased its stake in shares of Facebook by 0.8% in the fourth quarter. Mathes Company Inc. now owns 6,325 shares of the social networking company’s stock valued at $662,000 after buying an additional 50 shares during the last quarter.

Shares of Facebook (NASDAQ:FB) opened at 115.09 on Tuesday. Facebook has a 1-year low of $72.00 and a 1-year high of $115.72. The stock’s 50 day moving average is $102.00 and its 200 day moving average is $98.35. The company has a market cap of $327.58 billion and a P/E ratio of 89.01.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, January 27th. The social networking company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.36 billion. During the same quarter last year, the company earned $0.54 EPS. The firm’s revenue for the quarter was up 51.7% on a year-over-year basis. On average, analysts predict that Facebook will post $3.14 earnings per share for the current year.

In other Facebook news, insider Christopher K. Cox sold 15,600 shares of the stock in a transaction that occurred on Monday, January 25th. The stock was sold at an average price of $98.35, for a total transaction of $1,534,260.00. Following the transaction, the insider now owns 394,132 shares in the company, valued at $38,762,882.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Colin Stretch sold 3,877 shares of the stock in a transaction that occurred on Friday, January 15th. The shares were sold at an average price of $93.78, for a total value of $363,585.06. Following the transaction, the vice president now owns 74,723 shares in the company, valued at approximately $7,007,522.94. The disclosure for this sale can be found here.

FB has been the subject of several other research reports. SunTrust restated a “buy” rating and set a $120.00 price target (down previously from $125.00) on shares of Facebook in a research report on Monday, January 25th. Nomura upped their price target on shares of Facebook from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, January 28th. Deutsche Bank restated a “buy” rating and set a $125.00 price target on shares of Facebook in a research report on Thursday, January 14th. Vetr downgraded shares of Facebook from a “buy” rating to a “hold” rating and set a $101.45 price target for the company. in a research report on Monday, October 26th. Finally, Axiom Securities restated a “buy” rating and set a $145.00 price target (up previously from $126.00) on shares of Facebook in a research report on Monday. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and forty-eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $127.93.

Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.

12 Month Chart for NASDAQ:FB

Receive News & Ratings for Facebook Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook Inc and related companies with MarketBeat.com's FREE daily email newsletter.